OPEN-SOURCE SCRIPT
Average Daily Range (ADR)
This indicator just shows a simple text box with average daily range (in ticks) for the past 20, 40, and 60 days. It also includes the range of the current day, and the % of the different ADR values. Other indicators all plotted lines or had sub-charts and I just wanted a simple text box with the values. Hence, this indicator.
Open-source script
In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in publication is governed by House rules. You can favorite it to use it on a chart.
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